AUDJPY Holds Steady Near 95.00 Amid Risk Aversion
The AUDJPY remains resilient after gains in the previous session, trading at around 94.90 during early European hours on Thursday. However, it faces resistance as the Australian Dollar AUD weakens against its peers.
This weakness can be attributed to increased risk aversion caused by concerns over impending US auto tariffs. Market participants are watching closely as developments unfold, weighing potential impacts on both the Australian economy and the broader market.